FARNBOROUGH (England), July 22 — Aviation leaders will meet at a marque summit outside London today as the industry struggles with supply chain disruptions, aircraft delays and...
High Court denies Najib and Irwan Serigar’s bid for DNAA in RM6.6b case, judge orders IPIC trial to begin on November 14
The July 22-26 Farnborough Airshow, a gathering of top executives from airlines, aircraft makers and weapons manufacturers, has often been a festival of orders for passenger jets from Boeing and Airbus. Japan Airlines is expected to firm up recent tentative orders for jets and Boeing is seeing leasing interest for its 737 MAX, while Turkish Airlines is in the midst of negotiations to buy Boeing jets, industry sources said. The companies declined to comment.
“The big question for the airlines here at Farnborough is what has happened to the halo effect of demand after the pandemic — has that recovery stalled?” said veteran aviation journalist Mark Pilling, who was due to host a panel of CEOs. The situation has been exacerbated by a spiralling crisis at Boeing, which has had to slow down production of its best-selling 737 MAX plane following the panel blowout.
“We are indeed in a world that is changing all the time ... very volatile, very unpredictable, and quite challenging for industries,” Faury told reporters yesterday.
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